|Day's Range||0.027230 - 0.027582|
|52 Week Range||0.020391 - 0.200063|
|Volume (24hr) All Currencies||39.76k|
The price of Ethereum is down nearly 65% since last year’s Miami Art Week. But this year’s global cultural phenomena saw an uptick in events, attendees and conversations around Web3 technologies and their roadmap to mass adoption.
Non-fungible token (NFT) and gaming investor Animoca Brands plans to set up a fund worth as much as $2 billion to invest in metaverse businesses, the firm's co-founder has said in an interview, Nikkei Asia reported Wednesday.
This boom was dominated by non-fungible tokens (NFT), and during this time a distinct narrative emerged around Web3 gaming. Predicated on early successes such as CryptoKitties, Web3 gaming became the Holy Grail that would finally bring together the scarcity of NFTs, the incentivization of cryptocurrencies and the utility of the metaverse. The gaming industry wasn’t taken over, and we have no shining examples of Web3 gaming live in today’s market.